Mortgage rates move higher for fifth week: What to know [Yahoo! Finance Canada]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance Canada
According to the latest data out from Freddie Mac, the average 30-year fixed mortgage rate now sits at 6.72%. Yahoo Finance housing reporter Claire Boston joins Brad Smith on Wealth to speak more the latest mortgage print and what recent inflation data is indicating about the Federal Reserve's next interest rate decision. To watch more expert insights and analysis on the latest market action, check out more Wealth here This post was written by Luke Carberry Mogan Video Transcript Mortgage rates for the week ending October 31st are out our very own. Claire Boston joins me on set with those numbers. Hey, Claire, what do we know? Hey, so we have another bad week of news for anyone kind of thinking about buying a house here. Mortgage rates are up again. Uh The 30 year fixed average is 6.72%. The 15 year average is 5.99%. This is the fifth consecutive week of gains. And what we're seeing is this is really about bond market volatility. Um A lot of traders are kin
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News
- UMD's Smith Enterprise Risk Consortium Announces New Mortgage Risk Indexes [Yahoo! Finance]Yahoo! Finance
- Mortgage rates are rising. Experts cite economic strength, inflation and possible Trump win [Los Angeles Times (CA)]Los Angeles Times
- Mortgage rates rise for fifth straight week [FOX Business Network]FOX Business Network
- Mortgage Rates Jump for Fifth Week, With 30-Year Reaching 6.72% [Yahoo! Finance Canada]Yahoo! Finance Canada
- Mortgage Rates Increase for the Fifth Consecutive WeekGlobeNewswire
FMCC
Sec Filings
- 10/31/24 - Form ABS-15G
- 10/30/24 - Form 8-K
- 10/30/24 - Form 10-Q
- FMCC's page on the SEC website